![]() ![]() Overall, the condo units up for the draw are 97 percent finished, according to the city’s housing development authority. The condos built under 20/80 are located in Hayat, Bole Beshale and Bole Bulubla sites while 40/60 condos are situated in Berket, Bole Arabsa 3, 5 and 6, Wotader, Yeka Tafo, Jemmo Gara, Goro Siassie, Furi Hana and Fanuel sites. In 14th round lottery drawing for the “20/80” scheme, 27,195 clients registered in 2005 and saved up the 20% down payment until februare eligible. The city administration said at least 52,599 registered residents who saved up at least 40% payment until February 28, 2022, are eligible for the third round of the 40/60 lottery draw. The beneficiaries are expected to pay off the rest over a ten- to 20-year period. ![]() They have already made a down payment to the government of at least 20% and 40% of the price for a flat built under 20/80 and 40/60 schemes, respectively. The condo units are built under the 20/80 and 40/60 housing schemes, said Adanech Abiebie, mayor of Addis Ababa city on Tuesday.Ī total of 79,794 residents are eligible for the official lottery draw, scheduled for July 8, 2022. ADDIS ABABA – The city administration of Addis Ababa is set to transfer 25,491 condo units to residents on a lottery draw on Friday. ![]()
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